DRG.UN is a strong buyIn my opinion, after this last Vienna purchase and the new 20 year lease in Germany , and the wooden nickel valued CAD$ - Dream Global REIT is a fantastic non-Canadian asset investment on the TSX and is a much stronger entity then it was just last quarter- Anaylsts reports will start flowing in the new year to confirm this - maybe sooner....strong buy right up to $10.00 at this point (IMHO). Do your own research.
In the local news -rough translation by google:
https://www.xn--sterreich-z7a.at/chronik/Rivergate-um-190-Mio-Euro-an-Kanadier-verkauft/216525847
Rivergate sold by € 190 million to Canadians
Signa and Raiffeisen confirm Deal.
Just a few days after the sale of The Mall in Vienna Highway the next realty major deal was announced: The Signa by Ren Benko and Raiffeisen Leasing to sell her since 2008 jointly-run project Rivergate next to the Millennium Tower on the Danube.
According to Wirtschaftsblatt the purchase price for the distinctive property with 47,500 square meters of office space, 3,600 square meters of retail space and 2,500 square meters of storage is at least EUR 190 million.
Buyers of Rivergate, whose offices are almost fully let, is a joint venture of the Canadian Real Estate Fund Global REIT legend and an Asian sovereign wealth funds.
created on 18 December 2015